Which of the Following Is Defined as the Change in the Relation

question 47

Multiple Choice

Which of the following is defined as the change in the relation of the partners caused by any partner's ceasing to be associated with the carrying on,as distinguished from the winding up,of the business?

• A) Resolution
• B) Dissolution
• C) Resignation
• D) Suspension
• E) Transformation

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Definitions:

Common Name

The non-scientific name by which a species or other concept is popularly known, often varying by language and culture.

Physical Sense

Relating to the perception or application of the laws of physics.

Unknown Substance

A material or compound whose identity, composition, or properties have not been determined.

Chemical Reaction

A process that involves rearrangement of the molecular or ionic structure of a substance, unlike a physical change that affects its physical properties only.